VANCOUVER, British Columbia--(BUSINESS WIRE)--July 30, 1996-- Wajax Limited today announced it had acquired 100 percent of the shares of Generatrice Drummond (Drummond Generators) the distributor of the Kohler electrical generator product-line in Quebec.
Generatrice Drummond, based in Drummondville, Quebec, will be integrated with Wajax's Detroit Diesel-Allison Canada East ("DD-ACE") subsidiary, which was acquired by Wajax in 1995.
The addition of the Kohler product-line, together with the management and service expertise of Generatrice Drummond, will enhance DD-ACE's generator business, which is complementary to its main business of providing parts and service support for diesel engines and transmissions. Wajax is already a successful distributor of the Kohler product-line in Alberta, via its Waterous Detroit Diesel-Allison subsidiary.
With this acquisition, and the recently announced acquisitions of RCL Industrial and Marten Fluid Power, Wajax is continuing its focus to grow and enhance its diesel engines and industrial components core businesses, as well as its traditional core business engaged in the distribution and after-sales support of mobile equipment.
